Morguard Real Estate Investment Trust (OTCMKTS:MGRUF – Get Free Report) was the recipient of a large decline in short interest in March. As of March 31st, there was short interest totaling 70,985 shares, a decline of 15.9% from the March 15th total of 84,405 shares. Based on an average daily volume of 171 shares, the short-interest ratio is currently 415.1 days.
Morguard Real Estate Investment Trust Stock Performance
MGRUF opened at $4.64 on Friday. The company has a fifty day moving average price of $4.68 and a 200-day moving average price of $4.48. Morguard Real Estate Investment Trust has a one year low of $3.83 and a one year high of $4.97.
About Morguard Real Estate Investment Trust
Morguard Real Estate Investment Trust is an open-ended, unincorporated real estate investment trust organized under Canadian law. It acquires, owns and manages a diversified portfolio of income-producing properties across major markets in Canada. The trust is sponsored and managed by Morguard Asset Management Limited, drawing on the broader Morguard organization’s expertise in property management, development and leasing services.
The trust’s portfolio encompasses four primary property types: retail, office, industrial and multi-residential.
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